The financial and informal dollars are in search of equilibrium prices, after the new measures promoted by the Ministry of Economy

By Marcos Phillip

14/04/2023 – 10,37hs

He Dolar blue reached a new all-time record and is trading this Friday without changes in $400 in the caves of downtown Buenos Aires.

Market sources specified iProfessional that the currency continues in a bullish channel, so “By breaking through the $400 ceiling, his next target will be $406 and then he’ll go for $424.”. In addition, they indicated that its increase “responds fundamentally to an inflationary question, since it carries a significant exchange rate delay.”

In the stock market, the dollar counted with liquidation (CCL) is trading at $402.07; and the MEP It is offered at $388.14.

In the foreign exchange market, the retail dollar it sells for $221.62 average. In it wholesale marketthe US currency is achieved at an average of $215.12, with an increase of 44 cents compared to the previous close.

Despite the IMF restrictions, the Government continues to intervene in the stock market dollars

The Government maintains the dichotomy of intervening in the stock market or letting its price run.

How much is the blue dollar trading today?

The blue dollar is located at $400 for sale and $396 for purchase.

How financial dollars operate

In the stock market, the dollar counted with liquidation (CCL) is trading at $402.07; and the MEP It is offered at $388.14.

What is the official dollar price

He retail dollar quote $221.62 average.

In it wholesale marketthe US currency is achieved at an average of $215.12, with an increase of 44 cents compared to the previous close.

Thus, the dollar with the 30% surcharge -contemplated in the COUNTRY tax-, marks an average of $288.11 per unit, and with the advance on account of the Income Tax of 35% on the purchase of foreign currency, to $365 .67.

Meanwhile, the dollar allocated to tourism abroad -and which has a rate of 45%- stands at $387.83, while for purchases over 300 dollars -and which has an additional tax of 25%-, it is located in $443,24.

The blue dollar operated downwards after the new government measures.

The blue started April with ups and downs

The currency gap

Lastly, the exchange gap between the average retail dollar published by the BCRA and the different exchange rates is as follows:

  • Blue: 80%
  • CCL: 81%
  • MEP: 75%

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